YEREVAN, July 23. /ARKA/. Armenia’s commercial banks bought around $89.4 million from the local foreign currency market on June 16 to 20 at the average weighted exchange rate of 479.91 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 12.4 million euros and 1 513.4 million Russian rubles at the average weighted exchange rates of 558.06 and 7.61 drams per one euro and one ruble respectively.

The banks also sold about $99.3 million, € 16.9 million and 619.6 million rubles at average weighted exchange rates of 481.09, 561.91 and 7.70 drams respectively.

No dollar exchange transactions have been effected at NASDAQ OMX Armenia stock exchange over the mentioned period.

In addition, from July 9 to 15, the banks have provided 67.4 billion drams worth loans in the national currency and $30.8 million worth loans in USD. ($ 1- AMD 480.62 drams). -0----